Personal Loan
13.50%
Get up to Nu.500,000 for your personal needs
Purpose: Personal use
Eligibility
- Customers who can offer fixed assets as collateral with confirmed source of income
Quantum
- Maximum limit of Nu.500,000/- only.
Tenure
- Maximum term of 5 years
Documents Required
- Loan application form duly filled and signed on all pages
- Guarantor form duly filled form and signed on all pages, if applicable
- Copy of Citizenship identity card of both the applicant and the guarantor (if applicable)
- Recent passport size photographs of the applicant and guarantor
- Copy of ownership certificates of collateral security offered to bank
- Copy of valid Insurance Policy for building offered as collateral, if applicable
- Copy of business license in case the loan installment is to be serviced from business income.
- Letter of Consent for extension of charges duly signed by the property owner, if applicable
- The co-owner or joint owner of the property has to stand as a Guarantor where the property is charged to the Bank as collateral.
- For family-owned land, family tree (household) register issued by Department of Civil Registration and Census, MoHCA and NOC from family members (18 years and above) (if applicable).
- Proof of income to service the loan-verified rental income via way of rental receipts, BIT, etc.
- Customers who can offer fixed assets as collateral with confirmed source of income
- Maximum limit of Nu.500,000/- only.
- Maximum term of 5 years
- Loan application form duly filled and signed on all pages
- Guarantor form duly filled form and signed on all pages, if applicable
- Copy of Citizenship identity card of both the applicant and the guarantor (if applicable)
- Recent passport size photographs of the applicant and guarantor
- Copy of ownership certificates of collateral security offered to bank
- Copy of valid Insurance Policy for building offered as collateral, if applicable
- Copy of business license in case the loan installment is to be serviced from business income.
- Letter of Consent for extension of charges duly signed by the property owner, if applicable
- The co-owner or joint owner of the property has to stand as a Guarantor where the property is charged to the Bank as collateral.
- For family-owned land, family tree (household) register issued by Department of Civil Registration and Census, MoHCA and NOC from family members (18 years and above) (if applicable).
- Proof of income to service the loan-verified rental income via way of rental receipts, BIT, etc.
